What Is Anarcho-Capitalism?

Commentary by Jeffrey A. Tucker via The Epoch Times (emphasis ours),

The presidential victory of Javier Milei in Argentina puts at the head of state the first self-proclaimed “anarcho-capitalist” in modern history—or probably the first person ever to win an election at this level to identify with that term.

Newly elected President of Argentina Javier Milei of La Libertad Avanza looks on after the polls closed in the presidential runoff in Buenos Aires, Argentina, on Nov. 19, 2023. (Tomas Cuesta/Getty Images)

 

In the meantime, I’ve had many people ask me precisely what this is. So here is the explanation as I understand it.

Central to the idea is that society does not require an entrenched entity of legalized compulsion and coercion called the state in order to enjoy the enforcement of property rights, contracts, defense, and commercial society generally. The fusing of the terms anarchism and capitalism is not a plan for the social order but rather a prediction of what would happen in a civilized community in the absence of the state.

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Anarcho-Capitalism and Dr. Javier Milei

Guest Post by Dr. Robert Malone

The greatest danger to the State is independent intellectual criticism; there is no better way to stifle that criticism than to attack any isolated voice, any raiser of new doubts, as a profane violator of the wisdom of his ancestors.  Another potent ideological force is to deprecate the individual and exalt the collectivity of society.  For since any given rule implies majority acceptance, any ideological danger to that rule can only start from one or a few independently thinking individuals. 

The new idea, much less the new critical idea, must needs begin as a small minority opinion; therefore, the State must nip the view in the bud by ridiculing any view that defies the opinions of the mass.  “Listen only to your brothers” or “adjust to society” thus become ideological weapons for crushing individual dissent.  By such measures, the masses will never learn of the nonexistence of the Emperor’s clothes.”

Anatomy of the State, Murray N. Rothbard

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Doug Casey on the World’s First Anarcho-Capitalist President

Via International Man

International Man: Anarcho-capitalist Javier Milei recently won Argentina’s presidential primary. He is now the undisputed front-runner in the upcoming elections.

The outcome took many by surprise. Milei is an outsider who bested the country’s two entrenched establishment parties.

How did this happen, and why should anyone outside of Argentina care?

Doug Casey: It could be the most dramatic thing that’s happened politically since at least World War II. Anywhere. Why? Because he’s an AnCap libertarian who’d like to abolish the State—or come as close as possible. If he’s elected in October, he’ll make every move possible to eliminate—not just reduce—as many government departments as possible as quickly as possible. And most people seem oblivious to it.

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